Huge opportunity here to develop this 327 acre block into 56 five acre lots which are less than an hour from the metro area. Take advantage of the current boom not only on land but people are pouring out of the city into nearby regional centres.
This land adjoins the very popular Carlin Valley Estate in Bakers Hill and would be seen as an extension of that development.
Structure plan already in place and power and scheme water already on the property. This is a picturesque, rolling hills type country with a nice mix of trees and open paddocks perfect for the hobby farmer, life styler, horses or just for doing nothing.
There is a perfectly liveable 3 X 1 home plus sheds as it is a working farm but the real opportunity is the redevelopment of the land.
Land is being snapped up at the moment and we foresee a severe shortage of quality acreage this close to the metro area in the next 12 – 18 months.
The economics suggests a very healthy return on your investment. However you will still need to go through the approvals process and do your due diligence.
Call Lui now on 0408090892 for a confidential chat and a private viewing.